First Commonwealth Financial Corp’s recent filing unveils that its EVP/Chief Lending Officer McCuen Michael P acquired Company’s shares for reported $50041.0 on Feb 10 ’25. In the deal valued at $16.57 per share,3,020 shares were bought. As a result of this transaction, McCuen Michael P now holds 60,643 shares worth roughly $ 1.0 million.
Then, McCuen Michael P bought 2,919 shares, generating $49,594 in total proceeds. Upon buying the shares at $16.99, the EVP/Chief Lending Officer now owns 57,623 shares.
Before that, KARRIP BRIAN G sold 8,926 shares. First Commonwealth Financial Corp shares valued at $116,841 were divested by the EVP/Chief Credit Officer at a price of $13.09 per share. As a result of the transaction, KARRIP BRIAN G now holds 52,036 shares, worth roughly $0.86 million.
Janney downgraded its First Commonwealth Financial Corp [FCF] rating to a Neutral from a a Buy in a research note published on July 29, 2024; the price target was increased to $19 from $16. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in mid May from “an Equal-weight” to “an Overweight”. Raymond James also remained covering FCF and has decreased its forecast on February 21, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. Janney started covering the stock on September 29, 2022. It rated FCF as “a Buy”.
Price Performance Review of FCF
On Friday, First Commonwealth Financial Corp [NYSE:FCF] saw its stock fall -0.60% to $16.51. Over the last five days, the stock has lost -1.20%. First Commonwealth Financial Corp shares have fallen nearly -2.42% since the year began. Nevertheless, the stocks have risen 25.65% over the past one year. While a 52-week high of $19.96 was reached on 01/15/25, a 52-week low of $12.41 was recorded on 01/10/25. SMA at 50 days reached $17.06, while 200 days put it at $16.22.
Levels Of Support And Resistance For FCF Stock
The 24-hour chart illustrates a support level at 16.37, which if violated will result in even more drops to 16.23. On the upside, there is a resistance level at 16.72. A further resistance level may holdings at 16.93. The Relative Strength Index (RSI) on the 14-day chart is 46.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.65%. Stochastics %K at 41.23% indicates the stock is a holding.
How much short interest is there in First Commonwealth Financial Corp?
A steep rise in short interest was recorded in First Commonwealth Financial Corp stocks on 2025-01-31, dropping by -0.23 million shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.23 million shares. There was a decline of -22.42%, which implies that there is a negative sentiment for the stock.
